billymg[asciilifeform]: https://www.zerohedge.com/crypto/us-settles-worlds-largest-crypto-exchange-binance-cz-step-down-pay-43-billion-fine
billymg[asciilifeform]: $ticker btc usd
busybot: Current BTC price in USD: $36995.44
signpost[asciilifeform]: billymg: just me, or is USG actively stamping out shitcoiners
signpost[asciilifeform]: while the bigs line up to accumulate all the real btc.
billymg[asciilifeform]: signpost: that would be the white-pilled interpretation, black-pilled would be http://logs.bitdash.io/pest/2023-11-15#1031304
bitbot[asciilifeform]: Logged on 2023-11-15 16:05:48 asciilifeform[jonsykkel|signpost|billymg]: lizard objective is quite transparently to turn btc into au, i.e. where almost all of it is bottled up in handful of reich warehouses, and people can 'trade' all they like but exclusively with paper simulacrum which is worth what they say it's worth
signpost[asciilifeform]: I think that view understates the degree to which USG mismanagement can harm lizards too.
billymg[asciilifeform]: despite their shitcoinery binance at least seemed a net positive in that it was the last exchange operating outside of reich control
signpost[asciilifeform]: I'm 100% fine with shitcoinery existing as a fool-and-his-money separator.
billymg[asciilifeform]: ^ same
signpost[asciilifeform]: seems to me both AU and now BTC will rise when lizards choose.
signpost[asciilifeform]: and this is just a convoluted statement of "power is power"
signpost[asciilifeform]: one has to marvel at bankerism in this regard. nobody escapes being a part of the boot, or the gunk beneath.
signpost[asciilifeform|asciilifeform] even read an entertaining hypothesis recently that BTC is meant to *shore up* dollarism by crushing out weaker fiats
signpost[asciilifeform]: could've been, yep. FTX was certainly funneling money to the right people.
bitbot[asciilifeform]: Logged on 2022-11-15 14:01:50 signpost: entirely possible CZ just executed successful hybrid warfare on behalf of chicoms.
billymg[asciilifeform|asciilifeform]: i saw binance as being a CCP proxy as much as FTX was for USG. the FTX sinking looked like a blow to usg
billymg[asciilifeform]: so now this binance coup looks like a USG victory
signpost[asciilifeform]: so long as they manage to keep people from paying each other in BTC directly there is no threat whatsoever to dollarism
asciilifeform: the most plausible thing is that subj was a 'misfiring piston' in the heat engine and nao will be under 'proper' management
bitbot[asciilifeform]: Logged on 2023-11-15 15:57:43 asciilifeform[jonsykkel|signpost|billymg]: the folx who operate the heat engine aint particularly eager to do so in a way that randos can usefully predict.
billymg[asciilifeform]: asciilifeform: right, but i guess that means east and west reich are cooperating in their control of the 'heat engine'
billymg[asciilifeform] had hoped their might be some balance of power, rather than the two reichs colluding
billymg[asciilifeform]: there* ffs
signpost[asciilifeform]: or just aligned incentives
asciilifeform not convinced that the fiatola oligarchy network ~has~ an 'east' and 'west' in the contemplated sense
signpost[asciilifeform]: certainly sitting in UAE does not put one outside the western monetary empire
billymg[asciilifeform]: yeah, world one big plantation now
asciilifeform: http://logs.bitdash.io/pest/2023-11-21#1031361 << rright but it does appear to have 'breathed up the oxygen' that anyffin else could breathe
bitbot[asciilifeform]: Logged on 2023-11-21 13:23:43 signpost: I'm 100% fine with shitcoinery existing as a fool-and-his-money separator.
billymg[asciilifeform]: $ticker btc usd
busybot: Current BTC price in USD: $35949.09